亚博体育官网首页

Maharashtra Agrees to Konkan Railway Merger with Indian Railways
RAILWAYS & METRO RAIL

Maharashtra Agrees to Konkan Railway Merger with Indian Railways

Maharashtra has signaled its agreement to the long-pending merger of Konkan Railway Corporation Limited (KRCL) with Indian Railways, joining Kerala, Goa, and Karnataka, which have already approved the move. Chief Minister Devendra Fadnavis confirmed the state鈥檚 willingness, provided the Konkan Railway name is retained鈥攁n assurance given by Railway Minister Ashwini Vaishnaw.

KRCL, established in the 1990s, operates as a joint venture between the Railway Ministry and the governments of Maharashtra, Goa, Karnataka, and Kerala. However, its status as a corporation has restricted financing avenues, limiting crucial projects such as track doubling and infrastructure upgrades.

The state government will soon formally convey its approval to the Union Railway Ministry, paving the way for the full integration of Konkan Railway into Indian Railways.

Maharashtra has signaled its agreement to the long-pending merger of Konkan Railway Corporation Limited (KRCL) with Indian Railways, joining Kerala, Goa, and Karnataka, which have already approved the move. Chief Minister Devendra Fadnavis confirmed the state鈥檚 willingness, provided the Konkan Railway name is retained鈥攁n assurance given by Railway Minister Ashwini Vaishnaw. KRCL, established in the 1990s, operates as a joint venture between the Railway Ministry and the governments of Maharashtra, Goa, Karnataka, and Kerala. However, its status as a corporation has restricted financing avenues, limiting crucial projects such as track doubling and infrastructure upgrades. The state government will soon formally convey its approval to the Union Railway Ministry, paving the way for the full integration of Konkan Railway into Indian Railways.

Next Story
Infrastructure Urban

Remsons Industries Rises After Subsidiary Secures Rs 120 Mn Order

BEE Lighting has secured a contract from a global multinational original equipment manufacturer (OEM) for the design and development of exterior vehicle lighting. The contract, valued at Rs 120 million, was awarded by an international entity and is set to be executed immediately, indicating its strategic importance and urgency. The company clarified that there is no involvement of the promoter or promoter group in the awarding entity, and the transaction does not qualify as a related party transaction under regulatory guidelines. This development underscores BEE Lighting鈥檚 increasing role in..

Next Story
Infrastructure Urban

Interarch Building Solutions Wins Contract from Auto OEM

Interarch Building Solutions, formerly operating under the name Interarch Building Products, has secured a significant contract valued at Rs 450 million from a leading automobile original equipment manufacturer (OEM). The project involves the execution of a comprehensive pre-engineered steel building solution, marking a major addition to the company鈥檚 growing portfolio in the infrastructure segment.Under the terms of the contract, Interarch will be responsible for the complete scope of work, which includes the design, engineering, manufacturing, supply, and erection of a pre-engineered steel..

Next Story
Technology

Protean eGov Bags Rs 1 Bn Tech Deal for Bima Sugam Platform

Protean eGov Technologies has secured a work order worth around Rs 1 billion from the Bima Sugam India Federation (BSIF), as per a regulatory filing. The order was awarded on June 9, 2025, following a request for proposal (RFP) process.Under the contract, Protean will serve as the technology solution provider for the Bima Sugam Marketplace. Its responsibilities will include overseeing the end-to-end development, implementation, platform integration, support, and maintenance of the digital insurance marketplace.The engagement is seen as a continuation of Protean鈥檚 involvement in building nati..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement